Businesses that integrate robots see profits fall in the short term, study finds
E&T
AUGUST 3, 2023
The team studied industry data from the UK and 24 other European countries between 1995 and 2017 and found that, at low levels of adoption, robots have a negative effect on profit margins. However, at higher levels of adoption, robots can help to increase profits. We wanted to know whether there is a similar pattern with robotics.”
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